Learning to Pay Yourself First

Exactly what does it mean to pay yourself first? Overall, it means that your top priority should be to put a certain amount of money into your savings and/or investment accounts before you pay your monthly expenses, such as your rent or mortgage payment, car payment, student loan payment and so forth. This could help … Read more

The Most Popular Cities for Gen Z Homebuyers

Some Gen Zers are looking to buy homes Despite the ongoing economic turmoil wrought by the COVID-19 outbreak, many members of Generation Z (born after 1996) are attending college, starting their careers and even buying homes for the first time. Gen Zers comprise just under 10% of potential homebuyers in any of the nation’s largest metros. But … Read more

The WORST Financial Advice of 2020

This year has been rough. And to make matters worse, some of the financial advice given out during 2020 has been awful. Here’s our list of the worst financial advice in 2020. Let’s start by looking at some of the terrible “day-to-day” advice. This is bad guidance that could affect your everyday lives and choices, … Read more

From Grand Opening to Shutdown in 24 hours: A restaurant’s survival story

Selling chicken and waffles was always going to be a bit of an uphill battle in a San Francisco neighborhood best known for its sporty young residents, their pilates studios and salad spots. That didn’t stop restaurateur Mohammed Hamdan from setting his sights on a new storefront on Chestnut Street, the Marina neighborhood’s popular shopping … Read more

Consumer Financial Protection Bureau Files Suit Against Lexington Law, PGX Holdings, and Related Entities

WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) today filed a complaint against PGX Holdings Inc. and subsidiaries Progrexion Marketing Inc., Progrexion Teleservices Inc., eFolks LLC, and CreditRepair.com Inc.; and against John C. Heath, Attorney at Law PLLC, which does business as Lexington Law. The lawsuit, filed in U.S. district court in Utah, alleges … Read more

FTC Disconnects Pointbreak Media Robocall Scheme Defendants

Callers falsely claimed company represented Google, sought fees between $300 and $700 for first-page placement in online search results listings At the Federal Trade Commission’s request, a U.S. district court in Florida granted summary judgment against two individuals, approved six settlement agreements involving 11 defendants, and entered a default judgment against the remaining seven defendants, … Read more

Consumer Financial Protection Bureau Files Suit Against Forster & Garbus, LLP

WASHINGTON, D.C. — The Consumer Financial Protection Bureau recently filed a lawsuit in the federal district court in the Eastern District of New York against Forster & Garbus, LLP, a New York debt-collection law firm. The Bureau’s complaint alleges that Forster & Garbus violated the Fair Debt Collection Practices Act by representing to consumers that … Read more

Consumer Financial Protection Bureau Settles with Student CU Connect CUSO over ITT Private Loan Program

WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) recently announced a settlement with Student CU Connect CUSO, LLC (CUSO), a company set up to hold and manage private loans for students at ITT Technical Institute.  The Bureau filed a complaint and a proposed stipulated judgment in federal district court for the Southern District of … Read more

Malware From Illegal Video Streaming Apps: What to know

The popularity of video streaming services has taken off in the past few years. It’s become easier to stream video through smart TVs, streaming boxes that connect to your not-so-smart TV, and even streaming sticks. These devices let you stream video through popular apps like Hulu, Netflix, SlingTV, Amazon Prime Video, and YouTube TV. Unfortunately, … Read more

Coronavirus and your mortgage

Because of the Coronavirus, many people are facing financial challenges, especially paying their mortgage. If you’re unable to make your mortgage payments, you could lose your home to foreclosure. Federal lenders and some private lenders are offering borrowers temporary help, like stopping or delaying foreclosure or modifying the mortgage. But these measures don’t apply to … Read more